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Project Management Planning and Control Techniques  5th Edition u ISBN: 0-9582 733-1-6 u Rory Burke.

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Presentation on theme: "Project Management Planning and Control Techniques  5th Edition u ISBN: 0-9582 733-1-6 u Rory Burke."— Presentation transcript:

1 Project Management Planning and Control Techniques  5th Edition u ISBN: 0-9582 733-1-6 u Rory Burke

2 Project Management Planning and Control Techniques  Chapter 18 u Pages 252-269 u Project Risk Management

3 Learning Outcomes u Understand the risk management model u Identify and respond to project ideas u Develop a disaster recovery plan

4 Risk Continuum (page 252)

5 Risk Management Plan u Define Objectives u Identify Risks u Quantify Risks u Develop Response u Control Risk

6 Risk Management Model

7 Risk vs Amount at Stake

8 Influence vs Cost of Change

9 Risk Responsibility OBS

10 Wheel of Misfortune

11 Probability Impact Matrix

12 Risk Response (page 262) u Eliminate Risk u Mitigate Risk u Deflect Risk u Accept Risk (with Contingency) u Turn Risk into Opportunity

13 Contracts (page 264)

14 Risk Control (page 267)

15 Disaster Recovery u Page 267

16 Risk Management u End


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